Putnam Investments LLC trimmed its holdings in shares of Merck & Co., Inc. ( NYSE:MRK – Get Rating ) by 2.7% in the third quarter, Holdings Channel reports. The firm owned 8,809,184 shares of the company's stock after selling 243,780 shares during the period. Merck & Co., Inc. comprises 1.4% of Putnam Investments LLC's investment portfolio, making the stock its 11th largest holding. Putnam Investments LLC's holdings in Merck & Co., Inc. were worth $758,646,000 at the end of the most recent reporting period.

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